A-6.001 - Financial Administration Act

Full text
77.7. When a body applies for an authorization that is required under any of sections 77.1 to 77.4, 79 and 80, the Minister of Finance rules on the application within the time limit specified by the Government after authorization is given by the Minister responsible for the administration of the Act governing the body. However, the Minister of Finance may extend the time limit if the Minister of Finance considers it necessary to do so.
The fact that an authorization is given after the time limit specified in the first paragraph does not invalidate the transaction.
2007, c. 41, s. 2.